A limited liability company, commonly referred to as a LLC, is a business organization that provides its members with limited liability for the debts and actions of the enterprise, according to the ...

A limited liability company is a type of corporation, although most people use the terms limited liability company and limited liability corporation interchangeably. Technically, the abbreviation, LLC ...

When choosing a small business structure, many owners go for a limited liability company (LLC) because of the protection from liabilities it provides. If you've thought about starting an LLC, follow ...

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...

LLCs changing from partnership tax treatment to corporation or vice-versa may encounter issues including gain recognition.

If you’re a member of a limited liability company (LLC), do you have to pay self-employment taxes? That’s a darn good question. Our beloved Internal Revenue Code’s self-employment (SE) tax provisions ...

Ambiguity in the tax law often provides opportunities for taxpayers. For nearly three decades, how earnings of a limited liability company (LLC) are reported for self-employment tax purposes has been ...

Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development. Before joining the team, she was a Content Producer at Fit Small ...

After a transaction closes, sellers often wonder: when can all proceeds be distributed and the selling entity be dissolved? This question can be complicated, particularly where there are surviving ...